Farm Ireland
Independent.ie

Friday 15 December 2017

1870s' mill full of character and potential up for ¤700k at auction

Jim O'Brien

Jim O'Brien

The customer in search of a property with character and possibilities would be well advised to take a look at Teeling's Mill with its miller's house and outbuildings set on 52ac near Dunshaughlin, Co Meath.

The property will be sold in lots or as an entire by selling agents Sherry FitzGerald Sherry, Dunshaughlin.

A guide price of €700,000 for the entire is being quoted in advance of the auction, which is to be held on June 30.

Located at Clowanstown, Drumree, 2.5km from Dunshaughlin and the M3 motorway, the property is adjacent to Killeen Castle golf club.

Lot one includes the miller's house, the old stonebuilt mill and outbuildings that include a three-bay haybarn and lean-to.

The mill was built in the 1870s and is almost entirely derelict. The three-storey building extends to around 6,000ft2.

The house is a three-bedroomed residence with two reception rooms and a bathroom. It is in need of extensive refurbishment. According to auctioneer Padraig Sherry, the mill and residence are listed buildings but he is confident the heritage authorities will be more than happy to engage with new owners who may wish to refurbish the buildings.

The lot is set on 10ac of top-quality land laid out in one division of old pasture in a beautiful parkland setting and comes with 500m of road frontage.

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PLANNING

Mr Sherry describes the property as having excellent potential to develop a family home and farm yard subject to the necessary planning consent.

Lot one is being guided at €250,000. Lot two comprises 41.68ac of excellent grassland that includes a small copse and comes with a derelict cottage.

Laid out in three nice divisions, the lands enjoy excellent river frontage on to the River Skyne and good road frontage.

Lot two is being guided at €450,000 (€10,800/ac). Lot three, comprising the entire, is being guided at €700,000.

Teeling's Mill and lands will be sold at auction at Tattersall's, Fairyhouse, Ratoath, at 3pm on Thursday, June 30.

Also for auction on June 30 at Tattersalls is a lovely 23ac non-residential stud farm at Kilbrew, Co Meath.

Located 10km north of Ashbourne and 2km from the N4, the property is being guided at €250,000. Complete with 20 stables, a horse walk and menage, along with a four-bay haybarn, an office and tack room, the farm and yard are very well finished and maintained.

The 23ac are described by Mr Sherry as fine Meath land situated on an elevated site with magnificent views of the surrounding countryside.

The stud-rail fencing is of the best quality and the holding serviced by hard core and tarmac roadways throughout.

Mr Sherry believes that the guide price of €10,850/ac is a reasonable expectation.

Indo Farming